English, Article edition: BRADLEYâTERRY CHOICE PROBABILITY IN MAXIMUM LIKELIHOOD AND EIGENPROBLEM SOLUTIONS STAN LIPOVETSKY

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/36333
Physical Description
  • article
Language
  • English

Edition details

Title
  • BRADLEYâTERRY CHOICE PROBABILITY IN MAXIMUM LIKELIHOOD AND EIGENPROBLEM SOLUTIONS
Author
  • STAN LIPOVETSKY
Physical Description
  • article
Notes
  • The BradleyâTerry model (BT) is commonly used for evaluation of choice preferences by paired comparison data in various areas of applied psychology, advertising, and marketing research. The estimation of BT parameters of preference is usually achieved in an iterative procedure based on the maximum likelihood approach. In this paper an easier way of finding these parameters via an eigenproblem is considered. This approach corresponds to solving a ChapmanâKolmogorov system of equations to estimate the steady-state probabilities of the compared items. Both techniques produce very similar results, but the eigenvector solution is simpler for applications and suggests an interpretation of BT preferences as the choice probabilities. The suggested approach can facilitate the paired comparison estimations and be utilized in various practical aims of managerial decision making.
  • Paired comparisons, BradleyâTerry, ChapmanâKolmogorov equations
  • RePEc:wsi:ijitdm:v:07:y:2008:i:03:p:395-405
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment